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August 01, 2008- S, i% y- H4 z3 s
Weekly Update on the Edmonton Real Estate Market
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& @9 M: L: U; i8 W( Y. yWeeklyupdateHere is our update on the Edmonton real estate market. (Previous week's numbers are in brackets). For the past 7 days:
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New listings: 528 (476, 599, 617)
( V3 Y2 ]- {) R6 N# U& \! w# Sales: 296 (286, 293, 254)
/ K2 w( y2 ?, V- ^4 aRatio: 56% (60%, 49%, 41%)
. a6 }* N- s; a: v J! ^# Price changes: 466 (480, 554, 511)
0 c' y% O" D1 n1 M4 o7 Q2 I# Expired Listings: 608 (162, 270, 261): e7 v, V$ y, `+ k
# Canceled/withdrawn/terminated listings: 47 (63, 65, 55)
: o+ g6 U1 l" H+ ^1 g6 @2 _Net loss/gain in listings this week: -418 (-35, -29, 47)2 i" U. A3 D7 p* y- X
Active listings for single family homes: 4007 (4206, 4236, 4242)7 l j: ?# f) R+ ?
Active listings for condos: 2708 (2914, 2910, 2901)
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I know we promised a big day for stats today, and it is still coming. There has been a slight delay getting the daily stats up for the last day of July in the board's database, but I have their assurance the numbers will be up shortly. We'll get that to you asap.+ _- f! f3 S/ v- z7 }/ l; w
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For now, we've got our weekly analysis. As is typical for the end of the month, there were a large number expiries, which accounted for another drop in inventory. The new listings to sales ratio remains higher than we've seen in previous weeks. Another interesting tid bit, there were a large number of condos that changed hands this week - 137 when the average for the last 5 months is 100. This is likely due to the number of people up looking for condos for their kids going to U of A this fall. |
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